SEC Form 4 · accession 0001225208-17-010524
RAYMOND JAMES FINANCIAL INC · RJF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan N Santelli
Officer — EVP, Gen Counsel, Secy
Period of report
May 25, 2017
Accepted (ET)
May 30, 2017 · 4:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000720005
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 25, 2017 | M | 3,000 | $0.00 | A | 3,000 | D | |
| Common Stock | May 25, 2017 | F | 1,120 | $73.64 | D | 1,880 | D | |
| Common Stock | May 26, 2017 | S | 1,880 | $73.3001 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | May 25, 2017 | M | 3,000 | D | — | May 25, 2021 | Common Stock | 3,000 | 12,000 | D |
Explanation of responses
- F1Each Restricted Stock Unit (RSU) represents a contingent right to receive, upon vesting of the award: (i) one share of common stock, and (ii) accrued cash in lieu of dividends.
- F2The RSUs vest in five equal annual installments beginning on the first anniversary of the grant date.
Remarks
This Form 4 reports (i) the partial vesting of RSUs awarded to the reporting person on 5/25/2016, (ii) a disposition by the reporting person to the issuer to cover tax liability in connection with such vesting, and (iii) the open market sale by the reporting person of shares of common stock.